Repairing Brexit economic damage should be Burnham’s top priority, business chief says
Summary
The British Chambers of Commerce leader says fixing the economic problems caused by Brexit should be the main goal for Andy Burnham and the Labour Party. Many businesses feel the current UK-EU trade deal is not working well, and the economic damage from Brexit is significant.Key Facts
- The British Chambers of Commerce (BCC) wants the UK government to prioritize repairing Brexit's economic impact.
- More than half of surveyed business leaders say the Brexit trade deal is not helping their companies.
- Economists estimate Brexit has cost the UK economy up to £240 billion so far.
- The UK’s income per person is between 6% and 8% lower than it would have been without Brexit.
- Labour’s Andy Burnham said Brexit has done more harm than good and is open to options including rejoining the EU.
- The BCC plans to consult its 50,000 members, who employ over 6 million people, about future UK-EU relationship options.
- Rising costs from energy prices and international conflicts are putting extra pressure on UK businesses.
- Business leaders want the government to take strong action to help companies, not just maintain the current budget approach.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
